Split risk Takapuna investment

• Diversified income stream returning $144,900.69pa + GST across three tenancies

• Seismic rating of 70% NBS

• Freehold Metropolitan Centre zoned site

Situated in the heart of the Takapuna commercial precinct sits a premium investment opportunity underpinned by a diversified income stream and Metropolitan Centre zoned land suitable for apartment redevelopment in the long term.

The property has exceptional frontage and the exposure of the tenancies is maximised by its position fronting the intersection of Byron Ave and Lake Road. A functional building with access via a rear service lane for each tenancy, the properties two largest tenancies accounting for over 75% of the contracted rental income have not had a day of vacancy since the current owner purchased the property in 2007 being a testament to the calibre of the investment.

Prospective purchasers can take confidence in the value of the underlying land and potential of a high intensity redevelopment site with sea views from upper floors in one of Auckland's premier destinations . Proximity to public transport, Auckland CBD and of course Takapuna's famous beach and lifestyle that comes with it makes for a compelling opportunity.

David Han 데이빗 한 (021-4989-24)

부동산 경력 20년!! 부동산 관련모든 문제들을 최선을 다해서 해결해 드립니다.

부동산매매 및 투자관련 모든 무료상담 24시간 환영합니다.

Bayleys Commercial North Shore (Kakao talk: david8255)

Retail, Commercial, Industrial, Investment and Business sales

D +64 9 489 0976| M +64 21 498 924| F +64 9 489 0990 |

David Han 

Sales and Leasing Consultant

D +64 9 489 0976| M +64 21 498 924| F +64 9 489 0990 |

 www.bayleys.co.nz

Devereux Howe-Smith Realty Limited

Bayleys. Licensed under the REA Act 2008.

29 Northcroft Street, Takapuna, North Shore City, 0622 New Zealand

PO BOX 331 541, Takapuna, North Shore City, 0740 New Zealand